Debt Management Specialists
MRA Debt Help is a Debt Management Company, giving a free initial debt counselling session to anyone struggling with debt.
Choosing the right debt solution is a serious decision, and we only offer Debt Management to anyone where it is agreed to be the very best solution for their circumstances. If you decide to enter a Debt Management Plan there will be fees involved. For more information on our fees click here. Call our free Debt Helpline on 0800 612 9223.
What is Debt Management?
Debt Management involves informal talks with your creditors to reduce your payments to a level that you can comfortably afford. MRA Debt Help aim to handle all communications with your creditors.
We can ask creditors to :
- Freeze or reduce interest, or
- Stop repayment penalties, or
- Extend the loan repayment terms
Whilst your creditors are not obliged to agree any of these, our strong working relationships mean that our negotiations can often lead to reduced or frozen interest and charges.
To make it easy to pay your creditors, you pay a single payment to MRA Debt Help each month, which is then split fairly between your creditors. Read more.
Whilst on a Debt Management Plan with MRA Debt Help, you may still receive calls or letters from your creditors. If you do, then simply forward your letters to our FREEPOST address and ask them to call us.
Why Choose Debt Management?
Debt Management is lower risk than other solutions, such as IVAs and Debt Consolidation Loans.
- No "tie in". You can stop using Debt Management at any time, but we're convinced you won't want to!
- Less damaging to your credit rating than Bankruptcy
- Debt Management is more flexible than other solutions. If your income reduces, we can try to renegotiate with your creditors for lower payments.
- MRA Debt Help can attempt to negotiate full and final settlements on your behalf
Key Facts About Our Fees and Services
MRA Debt Help offer free debt counselling sessions, as well as Debt Management Plans. If you enter into a Debt Management Plan with MRA Debt Help then there will be fees involved. You can view a full breakdown of our fees here.
Entering into a Debt Management Plan will affect your credit rating in the short term, and may also affect it in the medium to long term. Not all debts can be entered into a Debt Management Plan, to find out more click here.
Free, No-Obligation, Debt Help
We offer a free, one hour debt counselling session to anyone struggling with debt. We will offer frank and honest advice about whether Debt Management could help you. Please ask for an appointment using our contact form or call our free Debt Help Line on 0800 612 92 23. If you decide to enter into a Debt Management Plan, there will be fees involved.
